Micro Irrigation Systems Market: A Study of the Industry's Key Players and Their Strategies
The global micro irrigation system market size was USD 9.70 Billion in 2021 and is expected to register a revenue CAGR of 9.4% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in micro-irrigation systems and launch of advanced systems that aid in saving water are some key factors projected to drive market revenue growth between 2021 and 2030. Farmers are becoming more aware of advantages of micro-sprinkler irrigation and are shifting away from flood irrigation toward micro-sprinkler systems. In addition, farmers are turning to micro-irrigation since traditional irrigation technologies have various drawbacks including water wastage, challenges irrigating mountainous terrain, and unequal water distribution, among others. Moreover, micro-irrigation can also increase yields while lowering costs associated with water, fertilizer, and labor. Furthermore, manufacturers are launching innovative products, which is expected to drive revenue growth of the market. On 31 August 2019 for example, Rivulis Irrigation India, which is a part of global micro irrigation firm Rivulis Israel, launched Manna, which is a satellite-based software solution for irrigation in the country.
The latest report by Emergen Research, titled ‘Global Micro Irrigation Systems Market’, covers the current situation of the Micro Irrigation Systems market that has been gravely impacted by the COVID-19 outbreak. The market intelligence report analyzes the pandemic’s drastic impact on the global economy, including the severe disruptions to this business sphere. The coronavirus outbreak has beleaguered the Micro Irrigation Systems business landscape and posed severe threats to the developmental scope of various manufacturers and buyers involved in this sector. The report further discusses the profound impact of the global health crisis on the existing market scenario, accompanied by speculations about its post-COVID-19 scenario.
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The leading market contenders listed in the report are:
Jain Irrigation Systems Ltd., Netafim, The Toro Company, Nelson Irrigation, T-L Irrigation, Microjet, JSS Irrigation, Valmont Industries, Inc., Rivulis, Reinke Manufacturing Co., Inc., Hunter Industries, and Irritec S.p.A
Key reasons to buy the Global Micro Irrigation Systems Market report:
- The latest report comprehensively studies the global Micro Irrigation Systems market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Micro Irrigation Systems Market
Mechanism Outlook (Revenue, USD Billion; 2019–2030)
- Sprinkler Irrigation System
- Drip Irrigation System
- Others
Component Outlook (Revenue, USD Billion; 2019–2030)
- Sprinkler Irrigation Components
- Tubing
- Pressure Regulators
- Nozzles
- Others
- Drip Irrigation Components
- Drippers
- Pressure Regulators
- Valves and Filters
- Tubing
- Others
- Sprinkler Irrigation Components
Cultivation Technology Outlook (Revenue, USD Billion; 2019–2030)
- Protected Cultivation
- Open Field
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Regional Outlook of the Micro Irrigation Systems Market
The global Micro Irrigation Systems market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Micro Irrigation Systems market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Micro Irrigation Systems Market report:
- The latest report comprehensively studies the global Micro Irrigation Systems market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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